Examination of accounts of Battle Island Paper Company A1472

Examination of accounts of Battle Island Paper Company

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Overview of the Records

Repository:

New York State Archives
New York State Education Department
Cultural Education Center
Albany, NY 12230

Summary:

This report on the profitability of the Battle Island Paper Company, Fulton, relates to the company's claim for inadequate compensation for the appropriation of its water power rights during construction of the Barge Canal. The report includes a balance sheet; tables showing yearly balances; monthly summary accounts for manufacture and sale of sulfate; and details the company's assets and liabilities and its profit/loss accounts.

Creator:

New York (State). Comptroller's Office

Title:

Examination of accounts of Battle Island Paper Company

Quantity:

0.1 cubic feet

Inclusive Dates:

1915

Series Number:

A1472

Scope and Content Note

This document is a report on the profitability of the Battle Island Paper Company, Fulton, prepared by an examiner from the office of the State Comptroller.

The company argued before the Board of Claims that it had received inadequate compensation from the state for the appropriation of its water power rights during construction of the Barge Canal, pursuant to legislation of 1903. The examiner's report includes: balance sheet dated March 12, 1914; tables showing yearly balances 1903-1914; monthly summaries of accounts for manufacture and sale of sulphate, 1902-1914; and a very detailed examination of the company's assets and liabilities and its profit/loss accounts to determining the company's profitability. The report concludes that the concern had never been profitable and that loss of its water power made no difference in this regard. The document consists of typewritten pages numbered 25-174 plus six blueprint tables. Pages 1-24 are lacking.